Nice recovery today, keep going!
KOH
Google shows 96.98p close (+2.09%)
On my broker's account it is 90p close (-5.21%)
?
KOH
I'd be happy to see 100p back, already a few % down after today...
KOH
Thanks Chris,
Huge drop so far, God knows where the bottom is with that sentiment...
KOH
what's your prediction chrishutch?
KOH
Afternoon All,
New to FIN. The drop seem overdone. What's your view on the current SP? Do you expect any recovery any time soon?
Thanks
KOH
Hypothetically, could AA just withdraw the offer now without any consequences?
KOH
If any should hang their heads in shame it is the media
___
No, it is the mendacious BOD of Sirius Minerals led by Chris Fraser who are fully responsible for that mess.
KOH
Hypothetically, could AA withdraw the offer before the voting now? Could anybody confirm? What would be the consequences?
Thanks
KOH
double signature*
No hard feelings towards Anglo American IMO. They did what they are supposed to do from the business perspective.
Sirius' BOD criminals on the other hand take take the full responsibility for the situation. Coward Fraser can't even face it like a man. What a disgusting disgrace he is.
KOH
KOH
Ok thanks
KOH
Could anyone confirm 100% that shares purchased after the official offer was made have the same voting rights as those purchased long time ago?
Thanks
KOH
Thanks Ambience,
Just wanted to confirm (and for those jumping "in and out") - so if somebody hypothetically purchased a lot of shares after the offer was made let's say today or any day all the way to voting day they would have the same voting power as LTHs, wouldn't they?
KOH
Does anybody know (and can confirm) if shares purchased after the official takeover offer was made have the same voting power as the ones held for a long time?
Thanks
KOH
Can anyone please confirm if shares purchased after the official takeover offer was made have the same voting power as the ones held for a long time? Is that the case?
Thanks
KOH
Polygon increasing their holding from 50-odd million shares to 306M shares is not an accident. That's a lot of votes. Why?
___
I must admit that's quite intriguing. Even if they didn't expect any upside they are certainly confident enough that they wouldn't get in return any less than 5.5p (or whatever they paid). It makes one think.
KOH
Exactly Longtermview24,
As if it was a condition....it's all bul$$ihIt - means nothing. And it does feel like Fraser & BOD are playing in AA team instead of protecting the company from the predatory takeover. The worst thing now is the running time. And the silence. The passing time can't be recovered and they know it. It feels like they are conveniently stretching the process / buying time to take the whole thing to the place where there is no alternative but to accept the derisory offer. 5.5p (or less) or insolvency will soon be the choice. Checkmate. Take the money or go away with nothing. I've seen PR covering bigger scandals than that.
KOH
whatever they WANT*
There is no way SXX can force AAL to guarantee future jobs or future delivery of the project, regardless of any promises/commitments AAL make.
___
Of course there is no way. Once they are 100% owners it's over - they can do whatever they can without asking anybody ever again. BOD can't even honestly say that they recommended the offer "to protect the jobs" because by selling the company to a stranger they are entirely giving up control over the company (and including the jobs and jobs creations) by definition.
KOH